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Home / OPEC+ makes big oil cut to boost prices; pump costs may rise

OPEC+ makes big oil cut to boost prices; pump costs may rise

Posted on October 5, 2022October 5, 2022 by admin

The OPEC+ alliance of oil-exporting countries on Wednesday decided to sharply cut production to support sagging oil prices, a move that could deal the struggling global economy another blow and raise politically sensitive pump prices for U.S. drivers just ahead of key national elections.
Source: ctv business
OPEC+ makes big oil cut to boost prices; pump costs may rise

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